Technical Overview

Price is advancing within an H4 long trend, with structure supporting continuation toward the 78.6% retracement and the H4 breakdown pivot at 48,312.28.

Bias

Bias long while H4 holds above the 47,432–47,459 pivot zone; invalidates on an H4 close below this area.

Path

47,703 → 47,852 (78.6%) → 48,312.28

Technical Overview

Price continues to climb within an H4 corrective-long trend, with momentum aimed toward the prior breakdown zone at 24,009–24,039.

Bias

Bias long while H4 close holds above the H4 pivot zone 23,758–23,798.

Path

→ 24,009 → 24,039

Company Overview

Evergy Inc. is an integrated electric utility serving residential, commercial, and industrial customers across Kansas and Missouri. Revenue is primarily generated through regulated electricity sales supported by a stable rate-base structure. The company operates a diversified generation fleet spanning coal, nuclear, natural gas, wind, and solar, with ongoing investment in grid modernization and renewable capacity.

Evergy Inc. fits the stalwart category — a mature utility with stable cash flow, modest growth, and predictable capital allocation rather than rapid expansion cycles.

Technical Overview

Monthly

The monthly structure remains firmly in an expansion phase, having cleared the countertrend line and traded decisively above prior structural resistance. The monthly pivot at 66.41 remains intact, anchoring the broader bullish context. Price is advancing toward the 138.2% Fibonacci target at 80.95, which remains fully in scope. Wave progression is consistent with continuation, and no structural exhaustion signals are present at this timeframe.

Weekly

Weekly structure aligns with the monthly bias. Despite a modest pullback, price remains comfortably above the weekly pivot zone at 72.52–72.29, keeping the weekly trend intact. Weekly waves are still upward, but the correction has still some space. The timeframe continues to support a bullish continuation path as long as the pivot zone holds.

Daily

The daily countertrend line has been broken, and the market has printed its first impulsive wave through the trigger zone. The daily trigger is a confirmed daily close above 77.27, which has activated the structure. As long as the daily pivot at 75.56 remains intact, the countertrend break is valid. The active targets are the Fibonacci levels at 78.73, 79.94, and the higher-timeframe objective near 80.95.

The green dashed level at 77.84 is the current VAH drawn on the correction.

H4

H4 continues to follow through with aligned upward wave structure after the daily trigger confirmation. Retracements remain orderly and corrective, functioning as pullbacks within the broader expansion. As long as H4 waves remain pointed upward and the daily pivot holds, the timeframe reinforces continuation toward the higher daily and monthly expansion levels.

Trade Structure & Levels

Bias: Long above 72.52 (weekly pivot)

Phase: Daily Countertrend Break → Monthly Expansion

Trigger: Daily close above 77.27

Invalidation: H4 close below 76.60 (short-term) | Daily close below 75.56

Path → Daily Fibonacci targets 78.73, 79.94, and monthly 138.2% at 80.95

ATR(14D): Approx. 1.20

Volume(20D): Approx. 1.3M–1.5M shares

Risk & Event Context

Utilities remain sensitive to rate expectations, and upcoming macro releases on inflation or Fed communication can influence sector flows. Earnings-related guidance shifts may introduce short-term volatility. Broader energy-market shifts or regulatory announcements regarding generation mix could temporarily affect risk perception.

Conclusion

The market has confirmed a daily trigger above 77.27, aligning daily and H4 flows with the ongoing monthly expansion. As long as the daily pivot at 75.56 remains intact, structural continuation toward the remaining Fibonacci targets and the monthly 138.2% objective at 80.95 remains the dominant path.

Disclaimer

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

Company Overview

EQT Corporation is the largest natural gas producer in the United States, operating primarily in the Appalachian Basin. The company’s business model centers on exploration, production, and sale of natural gas and natural gas liquids, leveraging scale efficiencies and operational discipline to optimize margins.

EQT fits the cyclical category — its earnings and share performance are closely tied to commodity price cycles, with profitability depending on production efficiency and market pricing dynamics.

Technical Overview

Monthly

The monthly structure remains firmly bullish, sustaining price action above the key pivot at 49.44. The 100% Fibonacci projection at 59.34 has been achieved, confirming continuation within the higher-timeframe expansion phase. Momentum persists as the market maintains higher lows and expands structurally toward the next measured extension.

Weekly

A confirmed structural trigger occurred with a decisive weekly close above the prior EXP zone (55.31–56.05). This breakout marks the official start of the weekly expansion phase, aligned with the dominant monthly uptrend. Price has invalidated the previous countertrend structure and reactivated the bullish leg, opening the path toward the weekly Fibonacci 138.2% projection at 64.74.

The weekly pivot at 49.19 now defines structural invalidation — a confirmed close below this level would negate the active expansion sequence.

Daily

Daily structure supports the expansion with a clean sequence of higher lows and confirmed break above the descending daily trigger. The 100% Fibonacci zone around 60.44 represents the next key resistance alignment, where initial profit-taking may occur before continuation toward the 138.2% target. The structure remains expansionary as long as daily closes stay above the revalidated trigger zone near 56.

H4

The H4 structure remains expansionary, sustaining momentum after confirming above 56.05. Wave rhythm is consistent with the higher-timeframe expansion, showing multiple successful retests of the prior trigger. However, there is a nearby H4 EXP level at 58.75 (clean breakdown) that may act as temporary resistance — positions should be managed around this zone. A clean break and hold above it would resume flow toward 60.44, completing full alignment with the daily and weekly expansion path.

Trade Structure & Levels

Bias: Long above 49.19 (W pivot)

Phase: Expansion

Trigger: Weekly close above EXP zone 55.31–56.05

Invalidation: Weekly close below 49.19

Path → 59.34 → 60.44 → 64.74

ATR(14D): 1.92

Volume(20D): 4.6M

Risk & Event Context

Natural gas price fluctuations remain the dominant macro driver. Seasonal demand, winter storage data, and upcoming energy-sector earnings could introduce short-term volatility, but structural bias remains aligned with the bullish expansion phase as long as the weekly pivot holds.

Conclusion

EQT has confirmed a weekly expansion trigger with a decisive close above the prior EXP zone. The multi-timeframe alignment between weekly and monthly structures supports a continued bullish path toward 64.74, with 49.19 serving as the structural invalidation threshold. The setup reflects a clear continuation phase within The Market Flow framework.

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

In this week’s video, I take a fresh look at the Magnificent Seven — Apple, Microsoft, NVIDIA, Alphabet, Amazon, Meta, and Tesla — starting from naked charts.

All the key trendlines, pivots, and expansion levels are drawn step by step, so you can see exactly how I identify trend direction and market phase from scratch.

If you’ve ever wanted t…

Read more

Company Overview

JPMorgan Chase & Co. is a leading global financial institution providing banking, investment, and asset management services. Its revenue streams are diversified across consumer banking, commercial banking, corporate investment, and wealth management segments. The firm maintains one of the strongest balance sheets in the banking sector, supported by significant scale, digital infrastructure, and global operations.

JPMorgan Chase fits the stalwart category — a mature, well-capitalized financial leader with stable earnings and consistent dividend growth, benefiting from structural strength and global economic exposure.

Technical Overview

Monthly

The broader structure remains firmly bullish, sustaining an active expansion above the monthly pivot at 244.62. Momentum persists with no visible exhaustion or pivot challenge. Monthly structure maintains full alignment with the ongoing uptrend, confirming continuation within the established expansion phase.

Weekly

Weekly flow remains constructive above the pivot at 296.38. The 100% expansion level at 316.01 has been achieved, and the current leg is extending toward 138.2% (323.13) and 161.8% (327.49). Structure confirms higher timeframe expansion continuity, with no countertrend developments threatening the primary impulse.

Daily

A confirmed break above the countertrend and the daily EXP 312.44 marks the transition into full expansion. The daily pivot at 309.25 now defines structural invalidation for the ongoing expansion leg. Wave alignment remains clean and impulsive, projecting continuation toward the 138.2% (324.44) extension zone within the next 1–2 weeks, supported by confluence with the weekly expansion targets.

The only near-term concern is the top wick on the last daily candle, which reflects minor profit-taking pressure following the breakout. However, structure remains intact while closes continue to hold above the pivot, maintaining expansion bias.

H4

Lower timeframe flow confirms alignment, trading above the H4 pivot 311.50 and showing reacceleration after retesting the breakout area. The impulsive sequence remains intact, validating continuation toward 323.13–324.44. The H4 structure supports the daily expansion, with local consolidation above the pivot acting as higher-timeframe continuation energy.

Trade Structure & Levels

Bias: Long above weekly pivot 296.38

Phase: Expansion

Trigger: Daily close above EXP 312.44 (confirmed)

Invalidation:

• Daily close below 309.25 (structural), or

• H4 close below pivot 311.50 (secondary)

Path → 316.06 → 318.96 → 321.24 → 323.13 → 324.44

ATR(14D): 6.80 Volume(20D): 9.7M

Risk & Event Context

Macro catalysts include U.S. CPI and employment data driving yield curve expectations, with sector momentum still influenced by rate outlook. No immediate corporate earnings releases are scheduled for JPMorgan. Broader financial sector liquidity remains supportive of ongoing expansion.

Conclusion

JPMorgan Chase remains in a confirmed multi-timeframe expansion, supported by aligned wave structure and clean breakout above both the countertrend and expansion level. The higher timeframe path targets 323.13-324.44, with structure remaining valid while above 311.50 intraday and 309.25 on the daily close.

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

Company Overview

MSCI Inc. provides critical decision-support tools for the global investment community. Its products include indexes, portfolio analytics, ESG and climate data, and risk management software used by asset managers and institutional investors worldwide. Revenue is primarily subscription-based, offering stable recurring income across its four main segments: Index, Analytics, ESG & Climate, and Real Estate.

MSCI fits the stalwart category — a mature, high-margin data and analytics company with steady revenue growth and resilient market positioning supported by long-term demand for passive investment products and ESG integration.

Technical Overview

Monthly

The countertrend structure has been decisively broken by wave alignment, clearing the highest clean breakdown (EXP) level. Price closed above the green countertrend and the Value Area High at 583.91, confirming structural breakout. The long-term expansion path points toward the 664–670 zone (monthly 100%–weekly 138.2%), followed by potential continuation toward the 761.42 Fibonacci extension. The expansion phase is active as long as the 561.36 monthly pivot holds as structural invalidation.

Weekly

The weekly timeframe has completed a full upward impulse that broke the prior swing high in a single leg, suggesting near-term exhaustion. A corrective phase is likely, with retracement potential toward the daily correction Fibonacci zone and the breakout range 569.11–553.58. Despite this expected correction, structural context remains bullish as the countertrend break on the monthly has already confirmed. The 534.35 weekly pivot remains the secondary invalidation level.

Daily

Price is forming a corrective structure beneath the trendline retest, with overlapping waves suggesting the start of consolidation. The correction zone spans the 569–553 area — aligning with the 38.2–61.8% retracement of the recent weekly impulse. Maintaining higher lows above 561.36 would reinforce structural accumulation ahead of potential continuation toward the expansion targets.

Trade Structure & Levels

• Bias: Long above weekly pivot 534.35

• Phase: Expansion (monthly) / Start of Correction (weekly–daily)

• Trigger: Monthly close above countertrend + 583.91 VAH (confirmed)

• Invalidation: Monthly close below 561.36 or Weekly close below 534.35

• Path → Correction toward 566–553, continuation potential toward 664–670, extended target 761.42

Risk & Event Context

MSCI’s next earnings release is scheduled within Q1 2026. Broader equity sentiment remains sensitive to U.S. rate expectations and global ETF inflows, both key to MSCI’s index and analytics business demand. Volatility pockets may emerge around macro data affecting institutional allocation trends.

Conclusion

The multi-timeframe structure confirms a completed countertrend break and active expansion phase on the monthly horizon. A corrective retracement is likely in the near term, but as long as the 561.36 pivot remains intact, the bullish expansion path toward 664–761 remains structurally valid.

Disclaimer

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

Company Overview

Interactive Brokers Group, Inc. operates an electronic brokerage platform providing trading, custody, and clearing services to individual and institutional clients worldwide. Its revenue derives mainly from commissions, net interest income on client balances, and market-making spreads. The firm’s technology-driven model emphasizes low-cost execution and multi-asset access across global markets.

IBKR fits the stalwart category — a mature, profitable financial technology company expanding steadily through international diversification and platform enhancements rather than aggressive market capture.

Technical Overview

Monthly

IBKR continues its upward expansion phase, sustaining a series of higher monthly closes above prior pivot levels. The active monthly pivot at 62.24 remains intact, and structure extends toward the 70.36 region, confirming bullish alignment. Price remains above both the pivot and prior compression zone, supporting continuation bias.

Weekly

Weekly flow confirms expansion beyond the 161.8% Fibonacci projection at 72.13, with the next measurable target at the 200% extension near 80.54. Pivot zone at 62.24-65.91 reinforce structural support zones. As long as price sustains above the 62.24 pivot, the weekly structure remains expansionary.

Daily

The daily timeframe shows a clean countertrend break and a confirmed close above the descending structure and trigger zone at 69.36, validating upward continuation. Price has reclaimed the 100% expansion zone (72.63) with potential path toward 75.62, 77.47, and 80.54 (Fibonacci extensions).

The green dashed level at 70.90 marks the Value Area High (VAH) of the daily countertrend structure.

Trade Structure & Levels

• Bias: Long above weekly pivot 65.91

• Phase: Expansion

• Trigger: Daily close above 69.36 (confirmed)

• Invalidation: Daily close below 68.51

• Path → 72.63 → 75.62 → 77.47 → 80.54

• ATR(14D): 2.30 Volume(20D): 1.25M

Risk & Event Context

IBKR’s structure remains technically driven, but upcoming macro events such as U.S. CPI and FOMC guidance could influence volatility across financial sector equities. The next quarterly earnings cycle will also provide clarity on interest income trends and global client growth — both key drivers for continued expansion momentum.

Conclusion

IBKR maintains structural expansion across all observed timeframes. Confirmation above the daily trigger sustains upward flow toward 200% Fibonacci extensions. Only a confirmed daily close below 68.51 would invalidate the current bullish structure and reclassify the setup into correction.

Disclaimer

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

Company Overview

Gilead Sciences, Inc. develops and markets antiviral therapeutics, focusing on HIV, hepatitis, and emerging infectious diseases. Its revenue base is driven primarily by recurring pharmaceutical sales and licensing income, with consistent cash generation supporting research investment and shareholder returns. The company maintains a mature product portfolio with selective expansion into oncology and immunology through strategic acquisitions.

Gilead represents a stalwart business type — a large, stable pharmaceutical firm with established cash flows and moderate, innovation-driven growth potential.

Technical Overview

Monthly

Price has confirmed a structural breakout above the prior major high, completing the 100% Fibonacci extension at 117.86. The breakout reaffirms long-term bullish alignment, marking the transition into an Expansion phase with the next structural objective at the 138.2% level (140.67). As long as the monthly structure remains supported above the 111.00 pivot, momentum bias stays long, and any retracement would likely serve as continuation.

Weekly

The weekly trend remains firmly bullish, supported by a sequence of higher highs and higher lows. Structure shows compression just above the 112.10–111.00 pivot zone, maintaining support integrity while price consolidates below the Fibonacci cluster between 125.24–130.08.

This forms a valid accumulation band within the broader expansion context, awaiting daily confirmation to resume trend continuation toward 140.67.

Daily

The daily chart displays a countertrend structure following the recent impulse, with price still trading above the 117.85 daily pivot — preserving the bullish framework. The green dashed line (Value Area High) and the dual “LONG” triggers (120.74 / 120.94 / 121.06) define the confirmation zone. A full candle close above this zone would activate the next wave of expansion toward 125.24, 130.08, and 137.91.

H4

The intraday view highlights a descending countertrend line intersecting the upper trigger zone near 121.00. A confirmed H4 close above this area would validate the countertrend break and transition the short-term structure into expansion alignment. The successive expansion path projects upward through 123.54 → 125.24 → 130.08, while the active pivot at 115.81 defines immediate invalidation.

Trade Structure & Levels

• Bias: Long above Weekly pivot 112.10

• Phase: Countertrend Break → Expansion setup

• Trigger: Daily close above 121.06

• Invalidation: H4 close below 115.81

• Path → 123.54 → 125.24 → 130.08 → 140.67

Risk & Event Context

Earnings season adds volatility risk as Gilead’s upcoming quarter may update guidance for oncology and antiviral segments. Broader healthcare sector rotation and rate-sensitive flows could affect short-term momentum. Macro drivers remain secondary; structure remains technically driven by the breakout setup.

Conclusion

Multi-timeframe alignment supports a bullish continuation scenario. Monthly and weekly expansions are intact, with the daily countertrend forming the final setup layer. A confirmed close above 121.06 would shift the structure into active expansion toward higher Fibonacci extensions.

Disclaimer

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

Company Overview

Eli Lilly and Company is a global pharmaceutical manufacturer developing and commercializing drugs across diabetes, oncology, neuroscience, and immunology. Its portfolio includes both established therapies and rapidly scaling products in metabolic and obesity treatment — now driving outsized revenue growth.

With consistent R&D reinvestment and expanding global penetration in high-margin therapeutic areas, the company exhibits the profile of a stalwart: a mature but structurally growing enterprise with stable profitability and strong pricing power supporting continued expansion.

Technical Overview

For detailed definitions, color codes, and structural terminology,
refer to The Market Flow Methodology page.

Monthly:

The recent monthly candle has printed a decisive marubozu close, reclaiming the highest clean breakdown at 825.91 and aligning above the descending countertrend structure. This break marks the start of a potential expansion phase after a completed corrective period, with Fibonacci projections defining the next long-term structural path toward 960.02, 1,046.90, 1,100.58, and 1,187.46.

Weekly:

The circled segment represents a clear trigger formation emerging precisely at the prior monthly breakdown. The wave structure confirms alignment with the upward bias, validating the trigger and reinforcing expansion potential. As long as price sustains above 802.83, structure remains intact with upward continuation paths into successive Fibonacci zones identified above.

Daily:

A clean breakout through the countertrend and daily structural resistance near 862.86 signals the lower-timeframe activation of this expansion. Short-term projection zones cluster between 893.36, 911.06, 939.07, and 960.02, defining the active local path. A sustained close above this confluence supports momentum follow-through toward the higher-timeframe objectives.

Trade Structure & Levels

• Bias: Long above 802.83 (W)

• Trigger: Weekly close above 825.91

• Invalidation: Weekly close below 802.83

• Phase: Expansion

• Path → 893 → 911 → 939 → 960 → 1,046 → 1,100 → 1,187

• ATR (14D): ≈ 28.5

• Volume (20D): ≈ 4.8 M

Risk & Event Context

Eli Lilly reported earnings for the quarter ending September 2025 with a substantial upside surprise: EPS $7.02 vs. $5.69 est. (+23.33%), and revenue $17.6 B vs. $16.05 B est. (+9.64%). The strong beat underscores continued momentum from its metabolic and diabetes franchises, providing a supportive macro-fundamental backdrop for the ongoing technical expansion phase.

Conclusion

LLY has transitioned from correction into an early expansion structure across timeframes. The monthly marubozu close above the prior breakdown confirms renewed directional intent, while the weekly trigger formation reinforces alignment. Sustained closes above 825.91 keep bias firmly long toward the defined Fibonacci extensions, with 802.83 (W) serving as structural invalidation.

Disclaimer

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

Company Overview

Marvell Technology Inc. designs and develops semiconductors for data infrastructure, serving cloud, enterprise, automotive, and carrier markets. Its revenue primarily derives from networking, storage, and custom silicon solutions addressing AI and high-speed connectivity demand. The company continues expanding in automotive Ethernet and 5G applications, reinforcing its presence in high-performance data processing.

Marvell fits the stalwart category — a mature, innovation-driven technology business characterized by steady cash flow growth and product-cycle leverage, focused on maintaining competitive leadership through design wins and silicon integration rather than hypergrowth expansion.

Video Analysis

Technical Overview

Monthly:

The March decline broke the prior pivot but was reclaimed through subsequent upward waves, maintaining the broader bullish sequence. The monthly structure remains intact, with bias long above the MN pivot at 72.12.

Weekly:

The market is retesting the previous breakdown at 87.83, which was weakly violated two weeks earlier. A firm weekly close above this level would confirm a structural reclaim, aligning with the active weekly bullish trend. The next long-term target aligns with the upper breakdown zone between 110.90–114.32.

Daily:

A decisive bullish impulse on October 27 broke the countertrend line and triggered the prior pivot zone (LONG 86.22–87.83). This candle confirmed directional intent and activated the daily structure. However, with only one active impulse wave, the setup remains in the early expansion phase — making a shallow H4 countertrend retracement structurally healthy before continuation. As long as price sustains above H4 88.57, the bias remains constructive for a path toward 96.87–100.33 and eventually the weekly zone near 110.

H4:

The H4 trend remains bullish, holding above the pivot at 88.57. The trigger was confirmed outside RTH, so the structure is valid but awaiting RTH validation for liquidity-based confirmation. Pullbacks into the trigger zone may provide scaling opportunities within the existing directional bias if higher-timeframe alignment persists.

Trade Structure & Levels

• Bias: Long above W 87.83

• Phase: Early Expansion (awaiting H4 retracement)

• Trigger: D close above 87.83 (confirmed Oct 27)

• Invalidation: D close below 81.05

• Path → 93.79 → 96.87 → 100.33 → 110.90–114.32

• ATR(14D): 2.65

• Volume(20D): 10.2M

Risk & Event Context

Semiconductor earnings next month and macro releases (ISM, nonfarm payrolls) could drive volatility. Broader technology sentiment remains linked to Treasury yield behavior — a stable yield environment would support follow-through of this structural breakout.

Conclusion

MRVL has triggered on the Daily timeframe with a significant bullish impulse on October 27, initiating early expansion. With only one active wave in play, participants may either begin with reduced exposure or await a developing H4 countertrend for potential re-entry. Sustained strength above 88.57 confirms the setup’s validity toward the 100+ zone.

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

Company Overview

DoorDash Inc. operates a logistics platform connecting consumers with merchants for food, grocery, and retail delivery. Revenue is generated primarily through delivery fees, merchant commissions, and DashPass subscriptions. The company holds a leading share in the U.S. delivery market and continues expanding into new verticals such as grocery and retail.

DoorDash fits the fast grower category — a business reinvesting aggressively into market reach and operational efficiency, prioritizing scale and margin improvement over short-term profitability.

Technical Overview

Monthly:

The monthly structure remains decisively bullish after September’s close above the 138.2% Fibonacci extension, confirming continuation toward the 161.8% target at 306.37. The monthly pivot holds at 245.25, defining long-term structural support and bias continuation within the expansion phase.

Weekly:

The weekly candle tested the prior breakout pivot and rejected it with a pronounced lower wick, signaling sustained institutional demand around the 245–246 zone. Structure remains intact and aligned with the monthly expansion path.

Daily:

The bearish countertrend has been invalidated following a confirmed 1-2-3 reversal wave back above the most recent pivot. This confirms a daily trend shift to bullish, opening path toward expansion. The first clean breakout sits at EXP 270.48, establishing the lower boundary of the expansion zone.

H4:

Short-term structure confirms accumulation below the expansion zone (270.48–272.60). The higher of these, EXP 272.60, defines the trigger for full expansion. Consistent impulsive closes above 272.60 would activate the daily Fibonacci targets — 281.74, 292.99, 299.93, and the monthly 161.8 @ 306.37. The active H4 pivot at 260.53 defines structural invalidation.

Trade Structure & Levels

Bias: Long above Weekly Pivot 245.25

Phase: Accumulation → Expansion Setup

Trigger: H4 close above 272.60

Invalidation: H4 close below 260.53

Path → 281.74 → 292.99 → 299.93 → 306.37

Risk & Event Context

Earnings-season volatility may affect short-term behavior. Broader equity sentiment, particularly linked to inflation and labor data, remains the dominant macro driver for NASDAQ-based names like DoorDash. No major company-specific catalysts currently scheduled.

Conclusion

All timeframes from Monthly through H4 align in bullish configuration. Price is consolidating immediately below the expansion zone; a confirmed close above 272.60 would transition the structure into full expansion, unlocking the higher Fibonacci sequence toward 306.

Disclaimer

This publication is provided for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security, derivative, or financial instrument. The analysis and opinions expressed reflect the author’s views at the time of writing and are subject to change without notice.

All information is derived from publicly available sources believed to be reliable, but accuracy and completeness are not guaranteed. Past performance is not indicative of future results, and no representation or warranty is made regarding future price behavior or outcomes.

Readers are solely responsible for their own investment decisions and should consult a qualified financial advisor before acting on any information contained herein.

The author and/or affiliates may hold, trade, or have a financial interest in the securities or instruments mentioned in this publication. Neither the author nor any associated party accepts liability for any direct or consequential loss arising from the use of this material.

The Primary bull trend is intact, and the H4 countertrend has turned up with one wave.

The CVD divergence shows that the passive market participants absorbed the strong aggressive sellers.

Any bearish H1/M15 countertrend break above the H4 pivot is an opportunity to ride with the bullish trend towards the Weekly target Fibonacci 138.2.

The Daily bullish trend is still intact, and the recent H4 close above the previous H4 breakdown with a countertrend break means that the trend is in the early phase of going bullish.

This is only the forming phase of the bullish continuation, valid until the H4 valley below current price is intact!

Expansion phase starts above the highest clean H4 breakdown, where the H4 target Fibonacci zone and the Weekly target Fibonacci 161.8 around 25,000 is the target.

The market has reached the weekly bullish trend pivot, where order flow highlights a clear battle between aggressive and passive participants. A strong divergence is visible on both H4 and H1 between CVD and price action, underlining the tension.

The highest clean H1 breakdown defines the trigger zone that resolves this tension. Above that level, the next objective aligns with the Daily–H4 breakdown zone, which also coincides with the H4 138.2% Fibonacci target around 23,925.

The Dow Jones Industrial Average is currently in a bullish continuation phase across all major timeframes. Recent price action has cleared prior resistance levels and is now holding above key pivots, with a strong alignment toward higher Fibonacci target zones. A clean breakout has occurred above the previous daily range, setting the stage for a structured advance.

Long-Term Outlook

On the weekly chart, price has reclaimed the major resistance zone at 44,919.96, the 100% extension from the previous weekly impulse leg. This level had acted as a ceiling for several months, aligning with the previous ATH and forming the top of a broader consolidation. With a weekly close above this level, the market validates bullish continuation, targeting the 113.20% (≈45,600) and 123.60% (≈46,000) weekly Fibonacci projections. The weekly pivot level at 44,331.66 remains the key structural support.

The Daily Chart

The daily structure confirms the expansion phase. After a corrective pullback to the 61.80% retracement at 44,339.11, price resumed upward movement and broke through the 100% daily extension at 44,919.96. The chart now shows a potential stair-step continuation, with target Fibonacci zones projected at:

• 138.20%: ≈45,091

• 161.80%: ≈45,300

  These targets are consistent with the ongoing momentum breakout above consolidation.

Short-Term Dynamics

The H4 chart shows a clean breakout from the prior range and a stair-step continuation structure unfolding. The prior resistance near 44,919.96 is now acting as a base. The impulse leg launched from the H4 pivot at 44,706.21, and higher lows have formed since. If price holds above the breakout zone, the intraday trend remains valid.

The H4 structure also aligns with Fibonacci extensions, suggesting the next targets are:

• 138.20% H4: ≈45,091.94

• 161.80% H4: ≈45,300

• 200% H4: ≈45,700

• 113.20% Weekly: ≈45,900

Trigger Conditions

• Long Trigger: Break and hold above 44,919.96 (daily resistance and 100% Fib) confirms continuation

• Short Trigger: None valid unless price loses 44,706.21, invalidating short-term bullish structure

Target Zones

• H4 Target Fibonacci: 45,091.94, 45,300, 45,700

• Weekly Target Fibonacci: 45,600, 46,000, 47,000

• Daily Target Fibonacci: 45,091.94, 45,300

• ATH/Breakout Base Level: 44,919.96

Validity

The daily pivot at 44,331.66 remains the key structural level. A sustained break below this level would invalidate the current continuation setup.

Summary

Dow Jones is showing clear bullish structure across monthly, weekly, and daily charts, supported by a clean breakout on H4 and the start of a Fibonacci expansion leg. Holding above 44,919 confirms momentum and opens the path to successive Fibonacci targets. Traders should monitor for potential pullbacks into the breakout zone for continuation setups.

What’s your take on this Dow structure? Is the expansion leg convincing enough? Share your view in the comments—let’s compare frameworks.

The Dow Jones Industrial Average (DJIA) remains structurally long on the weekly timeframe, having reached its most recent impulse peak. However, the daily chart shows a confirmed countertrend developing, with price breaking below a key daily support. This opens the door to a deeper retracement phase toward the clean daily breakout and correction Fibonacci levels.

Long-Term Outlook

On the weekly chart, price successfully expanded above the long-standing descending trendline and reached the 100% Fibonacci extension near 44,800. This completed the prior impulse move and validates the long trend. However, recent weekly candles now show rejection and slowing momentum, suggesting the start of a corrective phase. The key weekly pivot zone between 42,758.81 and 42,192.43 remains the primary structural reference should the correction deepen.

The Daily Chart

Price action on the daily has transitioned into a short-term bearish countertrend. After a clean breakout above 44,464.45, price failed to hold the breakout, instead breaking below the rising support line and initiating a breakdown through 44,270. This confirms a valid daily countertrend structure.

Until the daily pivot zone is reclaimed, continuation toward lower targets remains valid. The green ascending trendline and orange pivot lines previously acting as support now serve as resistance.

Trigger Conditions

• Long Trigger: Daily pivot zone reclaim above 44,465

• Short Trigger: H4/H1 bullish countertrend break

Target Zones

• Daily Breakout and Correction Fibonacci 23.6%: 43,080.75

• Weekly Pivot Zone (and 38.2% Fibonacci): 42,758.81 – 42,192.43

Validity

As long as price remains below the daily pivot at 44,464.45, the bearish countertrend remains valid. A reclaim of this level would invalidate the short setup and suggest resumption of the weekly trend.

What’s your take on Dow’s current structure? Share your view in the comments—let’s compare frameworks.

The US100 is advancing within a well-established bullish structure across all major timeframes. The recent break of the H4 countertrend confirms alignment with the larger trend, opening up new target Fibonacci zones. Price is currently pressing against upper weekly and daily extension levels with potential for further continuation.

Long-Term Outlook

The weekly chart confirms sustained bullish structure, now trading above the 113.20% Fibonacci extension at 22,852.3. Weekly pivots at 21,774.6 and 21,631.1 remain untouched, underscoring a clean breakout without retest. The expansion phase is active, with the next structural resistance projected near the 23,300–23,400 zone based on upper weekly Fibonacci levels.

The Daily Chart

The daily structure continues its bullish leg, holding above the daily pivot at 22,478.6. No breakdown has occurred since the last breakout, validating continuation. Daily price action shows compression under resistance, likely preparing for further upside as long as the pivot structure holds.

Short-Term Dynamics

On H4, the countertrend line has now been broken. Price is forming a bullish wave structure above the key H4 pivot at 22,679.4, with higher highs and higher lows confirming momentum shift. The clean breakout near 22,798.1–22,883.2 now acts as a trigger zone for continuation.

If this structure holds, H4 Fibonacci targets are aligned at: 23,000-23,090

Trigger Conditions

• Long Trigger: Break and hold above 22,798.1–22,883.2 zone confirms bullish continuation

• Short Trigger: None valid unless H4 pivot 22,679.4 is broken and structure fails

Target Zones

• H4 Target Fibonacci: 23,000, 23,040, 23,085

• Weekly Fibonacci: 23,300–23,400

Validity

The H4 pivot at 22,679.4 is the first structure guardrail. A clean break below this level would invalidate the short-term bullish continuation and signal potential consolidation or correction.

Are you trading this breakout or waiting for a pullback to the trigger zone? Share your thoughts below.

The DAX continues to hold a multi-timeframe bullish structure. The monthly trend remains firmly intact, with price positioned above the last monthly pivot at 22,281.90. On the weekly chart, although there was a recent structure break, last week’s Marubozu candle signals strong bullish momentum, potentially marking the continuation of the broader uptrend.

Short-term price action (H4 and H1) reflects a countertrend. The next structural validation would require a reclaim of the long trigger zones, which could set the stage for a re-entry toward higher timeframe targets.

Long-Term Outlook

• Monthly: The macro trend continues to print higher highs with no recent invalidation. The last confirmed monthly pivot stands at 23,121.30, serving as a macro reference level.

• Weekly: A previous structural break occurred, but the latest bullish Marubozu candle shows a firm weekly close above the former pivot at 23,121.30, suggesting bullish continuation. Target Fibonacci extensions (138.2–161.8%) project toward 24,808.7–25,081.8, with intermediate resistance at 24,504.0 and 24,294.6.

The Daily Chart

The daily trend remains in a minor bullish phase. Following a recent retracement, the market printed a clean bullish engulfing setup above the daily pivot zone (23,502.80–23,712.10). If price can hold above this zone and break above 24,221.40—the last clean daily breakdown—an expansion phase might unfold toward higher weekly Fibonacci targets.

Short-Term Dynamics

On the H4 and H1 charts, DAX is in a corrective countertrend, with price currently below the key trigger zones:

A reclaim of the long trigger zone (23,924.40–23,968.40) and break of the descending countertrend lines would invalidate the short-term pullback and potentially trigger bullish continuation toward the clean daily breakdown at 24,221.40.

Key Levels

• Long Trigger: H1 trigger zone at 23,924.40–23,968.40

• Short Trigger: Not specified—current structure prioritizes bullish re-entry zones

Target Zones

• Daily Clean Breakdown: 24,221.40

• Weekly Target Fibonacci Zone: around 24,315–24,650

• Daily Target Fibonacci Zone: around 24,470, 24,600

Validity

The setup remains valid as long as price holds above the daily pivot zone (23,502.80–23,712.10). A breakdown below 22,801.00 (monthly pivot) would invalidate the long structure at the macro level.

Summary

The higher timeframe trend remains bullish, with the monthly and weekly structures supporting continuation. A short-term countertrend is underway, but reclaiming the H1 trigger zone could invite buyers back into the market, aligning intraday action with the dominant long trend.

The next critical upside level is the clean daily breakdown at 24,221.40—a break above this could reinitiate an expansion phase toward weekly target Fibonacci levels, but minor trend longs can be initiated at the H4/H1 countertrend break.

What’s your take on DAX’s short-term correction within this larger uptrend? Share your view in the comments—let’s compare frameworks.

The US100 is maintaining a clear bullish structure across the higher timeframes. While the daily shows a short-term countertrend consolidation, the broader trend—anchored by the weekly—remains intact. Current price action on H4 suggests the end of the pullback phase, with renewed upside potential now activated. Long setups are valid above key daily and weekly pivots, with Fibonacci extensions offering a roadmap for expansion.

Weekly Structure

The weekly chart confirms the broader bullish trend. After reclaiming the prior structural highs, the market entered a consolidation phase, holding above the weekly pivot zone (20,896.2-21,325.5). As long as this zone remains intact, the weekly structure supports a continuation scenario targeting the upper Fibonacci extension zones.

Daily Chart

On the daily, a countertrend emerged after a push toward the all-time high (ATH) at 22,239.3. Price is currently holding above a cluster of key levels:

• Daily pivot at 21,473.5

• Weekly pivot zone at 21,325.5–20,896.2

The corrective nature of the pullback and the respect shown to these pivots signal continuation potential. Fibonacci projection levels on this timeframe align with:

• 22,800 (Target Fib 113.2%)

• 23,250 (Target Fib 123.6%)

• 23,950 (Target Fib 138.2%)

These serve as upper boundaries for the medium-to-long term continuation structure.

H4 Timeframe

The H4 chart provides the clearest tactical confirmation. A descending countertrend line has been cleanly broken, and price has reclaimed all recent breakdown levels.

This validates a shift back into the expansion phase, reinforced by a strong impulsive move and bullish structure. The target Fibonacci cluster starts at 21,900, with levels extending through 22,239.3 ATH, then to:

• 22,400 (H4 Target Fib 138.2%)

• 22,800–23,600 (longer-term projections aligned with the daily/weekly)

Key Supports:

• H4 pivot at 21,520.8

• Daily pivot at 21,473.5

• Weekly breakout at 21,325.5

Key Trigger Levels

• Long Trigger: Break of any countertrend on H1 and below

• Short Trigger: May for after the daily trend breaks below the daily pivot (21,473.5)

Target Zones

• H4 Target Fibonacci: 21,900–22,400

• Weekly Target Fibonacci: 23,600–24,400

• ATH: 22,239.3

Validity

The idea remains valid as long as price holds above the daily pivot at 21,473.5. A clean breakdown through 20,896.2 (weekly support) would shift the structure into deeper correction territory.

Conclusion

The multi-timeframe structure supports a bullish continuation. H4 has already transitioned out of correction with a break of the countertrend line and reclaim of key pivot levels. Long setups are technically valid above the daily pivot, with the next leg targeting weekly Fibonacci extensions. Daily structure must remain intact to uphold this scenario.

How are you interpreting this structure? Share your view in the comments—let’s compare frameworks.